While families that make over $200,000 per year may represent only 3.4 percent of the United States population, at Colorado College the figure is a good indication that they may be paying full tuition- and the full-pay demographic has risen to well over 60 percent of the student body.
As the percentage of students on financial aid decreases and campus demographics slowly slide toward the more elite, the school has instituted a suggested $6 million ballpark figure to spend on aid for incoming students, in an effort to break the boom/bust cycle of financial aid.
